The Ministry of Corporate Affairs (“MCA”) has issued a notification on Companies (Management and Administration) Amendment Rules, 2024 (“Amendment Rules, 2024”) to amend the Companies (Management and Administration) Rules, 2014 (“Principal Rules”). It will come into force on the date of its publication in the Official Gazette (not yet published).
Principal Rules mandates a company to file a return in Form No. MGT-6 on receiving declaration in respect of beneficial interest in shares. The return must be filed with the Registrar within a period of thirty days from the date of receipt of declaration. Now, the Amendment Rules, 2024 has substituted the existing Form No. MGT-6 with a new form.
Source: Ministry of Corporate Affairs
